Welcome to the Massive Crypto Unlock Event in May 2024 What to Expect Get ready for a massive wave of cryptocurrency tokens hitting the market in May 2024. Approximately $3.58 billion worth of tokens from various digital assets like Pyth Network (PYTH), Aevo (AEVO), Memecoin (MEME), Aptos (APT), and Avalanche (AVAX) are set to be…
US Crypto Crackdown: Self-Custody Wallet Providers Exit Market Amid Regulatory Concerns Emotionally Impacting Decision News broke recently that two self-custody wallet providers, Acinq’s Bitcoin wallet, Phoenix Wallet, and zkSNACKs’ Wasabi Wallet, have announced their decision to withdraw from the US market. This move has sent shockwaves through the crypto community, with concerns about regulatory crackdowns…
China’s Industrial Profits Fall in March 2024 Falling Profits Impacting the Economy China’s industrial profits in March 2024 fell by 3.5% year-on-year, slowing the gains made for the quarter compared to the first two months of the year. In January and February, industrial profits had risen by 10.2% year-on-year. However, for the first quarter as…
Navigating Altcoin Season: Your Guide to Riding the Crypto Wave The crypto world is abuzz once again As Bitcoin’s fourth halving fades into the rearview, signaling the potential onset of another altcoin season, cryptocurrency enthusiasts are gearing up for what could be a wild ride. With a sea of cryptocurrencies flooding the market, it can…
A cause celebre: Students demand divestment from Israel and weapons Ringing out across top US universities A cause celebre is ringing out across top US universities with students demanding that the institutes stop investing in Israel and weapons that fuel the Gaza war. Protestors say they are willing to risk arrest, but won’t stop until…
Recent Fed Meeting Leaves Interest Rates Unchanged The Fed’s Decision and Economic Projections Witty, conversational, and delightfully offbeat, the recent Federal Reserve meeting lived up to expectations – or lack thereof. The interest rates remained unchanged, with basically no change to the statement, leaving many on the edge of their seats… or not. The Dot…
Trump Allies Pushing to Erode Federal Reserve’s Independence Background The Wall Street Journal recently reported that allies of President Trump are quietly working on proposals to undermine the independence of the Federal Reserve if he wins the upcoming election. This alarming development has raised concerns among economists and policymakers about the potential consequences of such…
Remembering Joan Kagezi: A Culture of Gratitude President Museveni Commends DPP for Leading the Way President Yoweri Kaguta Museveni recently praised the Office of the Director of Public Prosecutions (ODPP) for their efforts in honoring the memory of the late State Prosecutor, Joan Kagezi. In a heartfelt speech, President Museveni emphasized the importance of recognizing…
